Court removes US businessman from managing his Brazilian football team
Rio de Janeiro (Brazil) (AFP) - An arbitration court in Brazil has removed US businessman John Textor from managing Botafogo ...
Thursday, May 21, 2026
Tag: financial crisis
Founder of China’s Evergrande pleads guilty to fraud
Beijing (AFP) - The founder of Chinese property giant Evergrande has pleaded guilty to charges of fraud and bribery, a ...
Games giant Ubisoft suffers share price collapse
Paris (France) (AFP) - Trading in French video game giant Ubisoft was briefly suspended Thursday following a dramatic fall in ...
Moody’s lowers city of Budapest’s rating to junk
Budapest (AFP) - Ratings agency Moody's downgraded the city of Budapest's credit rating to junk level late Monday, pointing to ...
How UK’s biggest water supplier sank into crisis
London (AFP) - Thames Water, the UK's largest water supplier, has been ravaged since privatisation by soaring debts and chronic ...
Dinar ban sparks cash crunch for Kosovo Serbs
Gracanica (Kosovo) (AFP) - Serb communities in parts of Kosovo are struggling to get their hands on dinars, jeopardising the ...
Swiss central bank head steps down in surprise move
Zurich (AFP) - The head of Switzerland's central bank, Thomas Jordan, will step down in September after 12 years in ...
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